The Federal Government has said Nigeria will improve its ranking by 45 places in the World Bank Ease of Doing Business Index in the next two years to achieve its goal of attaining the top 100 by 2020.
The Senior Special Assistant to the President on Industry, Trade and Investment, Dr Jumoke Oduwole, stated this after the presentation of the 2018 Making Business Work Report of the Presidential Enabling Business Environment Council at a meeting of the council.
The World Bank Ease of Doing Business ranking for 2018 placed Nigeria at 145th position out of 190 countries, with the nation moving up by 24 points from the 169th position on the 2017 ranking.
Oduwole, who is Secretary of PEBEC, was quoted in a statement obtained on Monday as saying, Such an ambitious goal requires accelerated and focused execution of the governments Executive Order and National Action Plans.
She added, It is clear that Nigeria must now intensify its reform efforts; and PEBEC will continue to work closely with the public and private sectors to institutionalize its reforms, cascade them to state level, and refine and improve the business environment. She also said the government would introduce an omnibus bill on business facilitation in the second half of 2018 and early 2019 as part of efforts for the successful implementation of the Executive Order and National Action Plan aimed at making the business environment more conducive for investors.
Oduwole said the government aimed to make the reforms sustainable through several measures being put in place, as well as provide support reforms with a robust operating model to accelerate change and build capacity within the MDAs.
(Punch)
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